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1 April, 11:17

Harry buys a car for £12500 during the first year it depreciates in value by 10% and during the second year it depreciates by 8%. Calculate the value of the car at the end of the two years.

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  1. 1 April, 11:19
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    Cost price=12500

    10% depreciation=.9x12500=11250

    8% " =.8x11250=9000 (Ans)
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